Forecast of CPI, Forex

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Forecast ofCPI, Forex Demand

• Nelson Canlas
• Supervising Energy Regulatory Officer

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CPI Forex Forecasts
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Demand Forecasts
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Capital Expenditure Forecasts

• Alvin Jones Ortega
• Energy Regulatory Officer II

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Optimization of Capex

• ERC has reviewed Independent Experts comments on
  Capex forecast
• ERC is also mandated to implement Section 9(d) of
  EPIRA and Rule 3 Section 4(c) and Rule 6 Section
  10(c) of its IRR
• Decision tree

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ERC Decision Tree for CAPEX
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ERCs Approach

• The ERC analysis followed the following approach
  for the Draft Determination
• Remove OM and other overheads listed in Table
  3.7 of the Draft Determination
• Remove connection asset projects summarised by
  Table 3.6 of the Draft Determination
• Remove unapproved capex projects described in
  Table 3.4 of the Draft Determination
• Apply the ERC forecasts of CPI and exchange rate.
  

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Capital Expenditure Forecasts
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Capital Expenditure Forecasts